Alvin Roth

Staffan Normark (C), Permanent Secretary of the Royal Swedish Academy of Sciences gives a press conference to announce the winner of the Nobel prize in Economic Sciences on October 15, 2012 in Stockholm. US duo Alvin Roth and Lloyd Shapley win Nobel Economics Prize on October 15, 2012.  AFP PHOTO / SCANPIX/HENRIK MONTGOMERY (credit: HENRIK MONTGOMERY/AFP/GettyImages)

UCLA Professor Wins Nobel Memorial Prize In Economic Sciences

A professor emeritus of economics and mathematics at UCLA, Lloyd Shapley, was awarded Monday the Nobel Memorial Prize in Economics Sciences.

CBS2 / KCAL9–10/15/2012